The AUDJPY and US30 are diverging dramatically
Not sure what this means or if its a sign of things to come but the AUDJPY which have historically been highly correlated are now dramatically diverging.
I would say this is a bearish sign as typically drops in the aud/jpy represented a risk off atmosphere.
I would say this is a bearish sign as typically drops in the aud/jpy represented a risk off atmosphere.